I'm really struggling to see the point of buying Auba and Mkhi or how they'll fix any of the glaring issues present in our defence and midfield. We might score more goals and be more enjoyable to watch though.
As for how they'll fit in, there's no way Wenger will bench the £50m striker he signed this summer and Mkhi will probably start. Likely options are:
442 like in 2008, Auba and Laca up top with Ozil and Mkhi out wide. We seriously lack a mobile ball-winner in the Flamini mould though.
Return to Wenger's preferred 4231 with 2 creators (Ozil behind, Mkhi on the left) and 2 strikers (Auba up top, Laca on the right). Any midfield we put out would be porous though.
Either way it signals the end of 3ATB imo, you can't fit Ozil, Auba, Laca, and Mkhi onto the pitch with three centre halves.